If you’re a Residential Developer, you may have run into a slew of obstacles with institution lenders but you can’t blame them for mitigating their risk. When lending money, institutional lenders are typically concerned with:
– Making certain a qualified builder is involved in the project
– Detailed specifications are required
– An appraiser must provide an estimate of value
– Typically, a very large down payment is required
At Alpen Mortgage, we understand the need for funding quickly. Our unique “cradle to grave” approach for funding your entire project is one of the many reasons Alpen Mortgage has set the standard in the Private Lending Industry.
“Cradle to Grave” Funding: